Mervyn King, the former Governor of the Bank of England, referred to those central banks who focused solely on inflation targeting as "inflation nutters". They should be less obsessed with inflation and take other things into account. The central bank of Brazil, after its increase in interest rates to 15% is in the inflation nutter camp. Click to read more.

There are three big headwinds to China's growth: the unwinding of the credit boom; still embedded-corruption; and a shrinking population. Click to read more.

Mark Carney: governing in econometrics?